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Finance & Accounting Process
Need help with payable or receivables? Bring more happiness to your Finance department by reducing manual and repetitive tasks.
Start to see results in a matter of weeks!
70%
Reduce Cost
3-5x
Faster Than Humans
3 Weeks
Average time to seing the results
Autonomous Automation for Finance and Accounting Professionals
Account Receivable Automation
There were various manual tasks in the Accounting Department of the Client’s company. The staff was spending many hours daily to transfer data from excel files to their accounting software.
Bank Reconciliation Automation
Bank reconciliation is a critical process, but how long does it take businesses to identify discrepancies between data? It could be many hours or even days to do that for just one bank account.
Invoice Entry Automation
The client manually processes more than 500 invoices each day. They receive invoices from multiple vendors in different formats like PDFs and scanned graphic files.
Accounts Payable Automation
Gleematic can automate the accounts payable process, especially on data integration of an accounting system. Gleematic will extract purchase details from invoices and furthermore enter or update the data on the accounting system based on that extracted data.
Why Use Autonomous Automation for Finance Departments?
- (A.I.) Reads documents and reduce data transcribing by up to 80%.
- (A.I.) Reduces level of human intervention due to intelligent suggestions (e.g. when there is missing data).
- (A.I.) Predict potentially-profitable product lines to focus on.
- Works with ERP systems (e.g. SAP, Oracle, JD Edward) or accounting systems and government websites/ portals.
- (A.I.) predict likelihood of fraudulent expenses.
- Adheres to specified procedures.
- Avoids fines due to time-sensitive declaration.
- Complies to regulations.
- Get an intelligent “colleague” whom you can trust.